Turbon’s Declines Continue in Q1, Company Focuses on Restructuring and Expanding into Other Businesses

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Just three weeks after reporting its year-end results for fiscal 2016 (see “Turbon Closes Books on Weaker-Than-Expected Fiscal 2016”), Turbon AG reported its financial results for the first quarter of 2017, which ended on March 31. Turbon is facing some challenges in its traditional laser supplies business. Turbon grew the U.S. segment of this business

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